Dubai Internet City

Located a 3-minute drive from the Palm Jumeirah and the Dubai Marina, you will find the Dubai Internet City business area. This area is mainly high-rise buildings with offices for businesses. This area is attractive for expats working in Dubai Internet City and for tourists.

General information

Dubai Internet City (DIC) is one of the most prominent technology and innovation hubs in the Middle East. Located in the dynamic heart of Dubai, DIC was founded in 1999 and officially opened its doors in 2000. The goal was to create a free zone that would provide technology companies with a stimulating and supportive environment. Since then, it has become home to a large number of international and regional technology companies, from startups to multinational corporations.

DIC is home to some of the biggest names in the technology industry, such as Microsoft, IBM, Oracle, Cisco and Google, who have established their regional offices here. This concentration of technology companies makes DIC an important hub for innovation and collaboration in the region. The free zone offers numerous benefits to companies, including 100% foreign ownership, tax exemption on income and business profits, and full repatriation of profits and capital. These benefits are designed to attract foreign investment and support businesses in their growth.

DIC's infrastructure is specifically designed to meet the needs of technology companies. This includes high-speed Internet, state-of-the-art offices and data centers that meet the highest standards of security and reliability.

Innovation is strongly encouraged in DIC through partnerships with academic institutions, research centers and other technology hubs. In addition, DIC supports sustainable initiatives and projects aimed at reducing its carbon footprint and promoting green technologies. Through this focus on innovation and sustainability, Dubai Internet City plays a crucial role in positioning Dubai as a leading technology hub in the world.

ROI and capital appreciation

Yields and appreciation in Dubai Internet City are very good. This is due to the area's convenient location to the coast and the Palm Jumeirah. The 1 and 2 - bedroom apartments generate the best ROIs in this area. It is recommended that the properties be rented out short-term. The 1-bedroom apartments are sold from €600,000.

Off-plan

New construction in this region will experience an increase in value between 10% and 20% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 6% and 8%. After completion, value appreciation in this region will be between 5% and 10% per year.

Ready built

Existing construction in this region will experience an increase in value between 5% and 10% per year.

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